Stay away from timeshare exit companies

Attorneys General of more and more states are lining up against the fraudulent services of different timeshare exit companies, and most particularly, the Timeshare Exit Team. The latest comments come from the Office of the Attorney General in the state of Washington. The Attorney General of Washington was stated as saying, "Virtually every aspect of Timeshare Exit Team's operation is exposed as deceptive and/or unfair, impacting thousands of consumers across the US and Canada.” The American Resort Development Association Resort Owners' Coalition (ARDA-ROC), representing over 1.5 million timeshare owners, has applauded Washington State Attorney General Bob Ferguson for taking decisive legal action against Reed Hein & Associates, operating as Timeshare Exit Team, for unfair and deceptive conduct in the marketing and sale of timeshare "exit" services in violation of three different state laws: The Consumer Protection Act; the Debt Adjusting Act; and the Credit Services Organization Act. Exit companies keep making empty promises to 'help' unsuspecting consumers, and then they are pocketing thousands of dollars without providing services," said Robert Clements, VP of Regulatory Affairs and General Counsel of ARDA. In the complaint, Attorney General Ferguson characterized Timeshare Exit Team's business model as based on deception, stating that “virtually every aspect of the Timeshare Exit Team’s operation is deceptive and/or unfair and in violation of the Consumer Protection Act (CPA).” An increasing number of attorneys general as well as organizations like the Better Business Bureau (BBB) are recognizing the predatory nature of exit companies, who use deception and high-pressure sales tactics to convince timeshare owners to pay upfront fees for services they cannot guarantee or deliver. Just last month Holiday Inn Club Vacations won a legal victory over Timeshare Exit Team that barred the predatory firm from ever contacting any current or future owners, highlighting the nature of the exit company's exorbitant upfront fees, misleading claims, and deceptive advertising. Wyndham Vacation Ownership, Bluegreen Resorts and Diamond Resorts have won similar verdicts. Owners who have been unfairly taken advantage of or defrauded by an exit company should contact their state's Attorney General (ConsumerResources.org), the Attorney General in the state where the business is located, their local Better Business Bureau office, or local law enforcement. The bottom line is stay away from the Timeshare Exit Team and any company that professes to be a timeshare exit company.

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Timeshares By Owner

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